Daniel Loeb - Third Point 13F Activity & Position Changes (Q3 2014)

According to the SEC 13F filed on Aug 14, 2026, the Third Point portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2014. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2014, the filing reported:

New Buys - Alibaba Group Holding Limited, Crown Holdings, Inc., eBay Inc., Parker-Hannifin Corporation, Molson Coors Beverage Company

Increases - American Airlines Group, Inc., Amgen Inc., Anheuser-Busch Inbev SA Sponsor, EQT Corporation, H&R Block, Inc.

Reductions - Ally Financial Inc., CF Industries Holdings, Inc., Enphase Energy, Inc., FedEx Corporation, Cheniere Energy, Inc., and 4 more

Complete Exits - American International Group, I, FMC Corporation, Owens Corning Inc, T-Mobile US, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2014	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Buy	+625,000	+29.4%	$97.57K	2,750,000
Q3 2014	AIG American International Group, I	American International Group, I	Sell - Position Exit	-6,000,000	-100.0%	$0.00	-
Q3 2014	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-3,680,000	-8.1%	$969.91K	41,915,000
Q3 2014	AMGN Amgen Inc.	Amgen Inc.	Buy	+875,000	+194.4%	$186.11K	1,325,000
Q3 2014	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy - Position Entry	+7,200,000	-	$639.72K	7,200,000
Q3 2014	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+250,000	+14.3%	$221.70K	2,000,000
Q3 2014	CCK Crown Holdings, Inc.	Crown Holdings, Inc.	Buy - Position Entry	+1,400,000	-	$62.33K	1,400,000
Q3 2014	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell	-145,000	-16.0%	$212.21K	760,000
Q3 2014	EBAY eBay Inc.	eBay Inc.	Buy - Position Entry	+4,500,000	-	$254.84K	4,500,000
Q3 2014	ENPH Enphase Energy, Inc.	Enphase Energy, Inc.	Sell	-1,200,000	-16.1%	$93.67K	6,248,987
Q3 2014	EQT EQT Corporation	EQT Corporation	Buy	+1,170,000	+354.5%	$137.31K	1,500,000
Q3 2014	FDX FedEx Corporation	FedEx Corporation	Sell	-250,000	-25.0%	$121.09K	750,000
Q3 2014	FMC FMC Corporation	FMC Corporation	Sell - Position Exit	-1,550,000	-100.0%	$0.00	-
Q3 2014	HRB H&R Block, Inc.	H&R Block, Inc.	Buy	+148,000	+3.4%	$137.93K	4,448,000
Q3 2014	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Sell	-1,450,000	-64.4%	$64.02K	800,000
Q3 2014	MAS Masco Corporation	Masco Corporation	Sell	-400,000	-4.7%	$193.75K	8,100,000
Q3 2014	OC Owens Corning Inc	Owens Corning Inc	Sell - Position Exit	-473,000	-100.0%	$0.00	-
Q3 2014	PH Parker-Hannifin Corporation	Parker-Hannifin Corporation	Buy - Position Entry	+1,288,300	-	$147.06K	1,288,300
Q3 2014	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Sell	-100,000	-4.5%	$183.04K	2,100,000
Q3 2014	TAP Molson Coors Beverage Company	Molson Coors Beverage Company	Buy - Position Entry	+500,000	-	$37.22K	500,000
Q3 2014	TMUS T-Mobile US, Inc.	T-Mobile US, Inc.	Sell - Position Exit	-8,000,000	-100.0%	$0.00	-
Q3 2014	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Sell	-2,250,000	-60.0%	$83.03K	1,500,000
Q3 2014	YPF YPF Sociedad Anonima	YPF Sociedad Anonima	Sell	-2,500,000	-40.0%	$138.71K	3,750,000